2024 Overview
General Credit Union Information
Mccoy is an NCUA insured institution located in Orlando, FL. It was founded in 1954 and has approximately $963.57 millions in assets.
Who can join?
Membership to McCoy Federal Credit Union is open to anyone, who lives, works, worships, volunteers or attends school in Orange, Osceola, Seminole or Lake Counties; members of the immediate family or household; and organizations of such persons. Businesses and its employees located in Orange, Osceola, Seminole or Lake Counties are also eligible for membership.
Immediate Family is defined as: spouse, child, sibling, parent, grandparent, or grandchild; including stepparents, stepchildren, stepsiblings, and adoptive relationships.
Organizations of such persons are defined as: an organization or organizations composed exclusively of persons who are within the field of membership (Orange, Osceola, Seminole or Lake Counties) of McCoy Federal Credit Union.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 9915 |
| Date Established | 1954 |
| Assets | $963.57 million |
| Loans | $666.34 million |
| Deposits | $839.29 million |
| Capital | $94.98 million |
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or attend school in Orange, Osceola, Seminole or Lake Counties in Florida. Members of the immediate family or household; and organizations of those eligible and businesses and its employees located in Orange, Osceola, Seminole or Lake Counties are also eligible for membership.
Deposit Rates - April 25, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| SAV
|
0.05% | $50 | - |
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|
|
Money Market
|
0.45% | $1,000 | - |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Health Savings Account
|
0.15% | $1,000 | - |
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|
| 6 Months
|
1.51% | $1,000 | $4,999 |
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|
| 6 Mo CD
|
1.61% | $5,000 | $24,999 |
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|
| 6 Months
|
1.71% | $25,000 | $99,999 |
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|
| 6 Mo CD
|
1.82% | $100,000 | - |
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|
| 10 Months Promotional
|
4.13% | $1,000 | - |
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|
| 12 Mo CD
|
1.61% | $1,000 | $4,999 |
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|
| 12 Mo CD
|
1.71% | $5,000 | $24,999 |
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|
| 12 Months
|
1.82% | $25,000 | $99,999 |
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|
| 12 Months
|
1.92% | $100,000 | - |
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|
| 13 Months Promotional
|
5.00% | $1,000 | - |
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|
| 15 Months Promotional
|
4.86% | $1,000 | - |
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|
| 18 Months Promotional
|
5.38% | $1,000 | - |
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|
| 23 Months Promotional
|
4.13% | $1,000 | - |
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|
| 24 Mo CD
|
2.12% | $1,000 | $4,999 |
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|
| 24 Mo CD
|
2.22% | $5,000 | $24,999 |
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|
| 24 Months
|
2.32% | $25,000 | $99,999 |
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|
| 24 Months
|
2.43% | $100,000 | - |
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|
| 36 Mo CD
|
2.38% | $1,000 | $4,999 |
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|
| 36 Mo CD
|
2.48% | $5,000 | $24,999 |
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|
| 36 Mo CD
|
2.58% | $50,000 | $99,999 |
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|
| 36 Mo CD
|
2.68% | $100,000 | - |
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|
| 60 Mo CD
|
2.89% | $1,000 | $4,999 |
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|
| 60 Mo CD
|
2.99% | $5,000 | $24,999 |
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|
| 60 Months
|
3.09% | $50,000 | $99,999 |
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|
| 60 Months
|
3.20% | $100,000 | - |
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|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| VIRA
|
0.15% | $0 | - | Learn More |
Loan Rates - April 25, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Mccoy
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 401822 |
6.944% | 6.750% | 1.00 | $6,400 | $2,076 | Learn More |
NMLS ID: 2059741 |
7.018% | 6.875% | 0.88 | $4,672 | $2,103 | Learn More |
NMLS ID: 3030 |
7.476% | 7.375% | 1.00 | $3,200 | $2,211 | Learn More |
NMLS ID: Not a Lender |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Mccoy
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Branches
Below are Mccoy branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
MCCOY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Mccoy Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Mccoy. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Mccoy | U.S. Average |
|---|---|
| 8.73% | 6.97 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2023, Mccoy had $8,993,358 in non-current loans and $5,800 in owned assets. To cover these potential losses it had $94,980,293 in net worth and $8,073,081 in loans loss reserves. That gives it a Texas Ratio of 8.73%.
Net Worth
| Mccoy | U.S. Average |
|---|---|
| 9.86% | 13.62% |
Mccoy FCU has a net worth of 9.86% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Mccoy
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